Too Big To Jail: Wall Street Executives Unlikely To Face Criminal Charges, Source Says

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Too Big To Jail: Wall Street Executives Unlikely To Face Criminal Charges, Source Says

Too Big To Jail: Wall Street Executives Unlikely To Face Criminal Charges, Source Says

Great video that will explain it: US Rep. Marcy Kaptur: “LOOK AT THOSE OVER AT THE JUSTICE DEPARTMENT AND WHERE THEY WORKED BEFORE THEY GOT THERE”

I THINK ONE OF THE REASONS PROSECUTION ISN’T THE LEVEL THAT IT SHOULD THERE IS SOME PARALYSIS IN SOME PLACES BECAUSE OF THOSE WHO ARE ABLE TO BLOCK A PLAY. (meaning the Justice Department)

-Congresswoman Marcy Kaptur

HUFFPO-

A last-ditch effort by federal and state law enforcement authorities to hold Wall Street accountable for nearly bringing down the U.S. economy is unlikely to lead to any criminal charges against big bank executives, according to a source close to the investigation.

Barring a “hail mary pass,” said the source, who spoke on the condition of anonymity because the investigation is still ongoing, the members of a task force President Barack Obama formed in January to investigate fraud in the residential mortgage bond industry will instead most likely bring civil lawsuits against some of the banks involved, though it isn’t clear when these cases might come.

That means any penalties for those accused of fraud or other misconduct would be measured in dollars, not jail terms.

[HUFFINGTON POST]

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- who has written 8683 posts on FORECLOSURE FRAUD | by DinSFLA.

CONTROL FRAUD | ‘If you don’t look; you don’t find, Wherever you look; you will find’ -William Black

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One Response to “Too Big To Jail: Wall Street Executives Unlikely To Face Criminal Charges, Source Says”

  1. Geanette says:

    Then I want a “free pass” if I should ever break the law such as the ones broken by the banks..namely rackeetering, fraud and operating a ponzi scheme…

    Afterall, why are the banks above the law!!??

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